Short Call Diagonal Option Screener

[Bearish | Limited Profit | Limited Loss] The short call or bear call diagonal spread is a short call diagonal option strategy where you expect the underlying security to remain stable or to slightly decrease in value. The short call diagonal option strategy involves selling a nearer-term expiration call option and buying a longer-term expiration call option at a higher strike price. Maximum profit is limited to the difference between the premium received for the short call and the premium paid for the long call (Net Credit). Maximum loss is the difference in strike values minus the Net Credit, if the spread is closed at the first expiration date. The bear call diagonal strategy succeeds if the security price is below breakeven (lower strike + Net Credit) at expiration. Maximum profit is achieved if the security price is below the lower or sold strike at expiration.